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İstanbul
4 Level
158 Review
430 Karma

Review on Karatbit by Kadir Akar

Revainrating 1 out of 5

Karatbit EXCHNAGE REİWEW

Karatbit is a cryptocurrency exchange platform. You can trade it or keep it in your wallet.
It has its own cryptocurrency (KBC) token.
transaction fees and commissions are too high compared to their competitors, the total number of listed cryptocurrencies is very low
The current trading parities are ETH BTC USDT AND KCB. There are no other trades. Fees start from 0.2%, a high rate and no commission reduction using KCB.
prices on the stock market are not updated often there is no volume I don't even think they have a solid security system
I do not think that the wallets are cold either, such exchanges should be avoided when large exchanges are stagnant.


img 1 attached to Karatbit review by Kadir Akar



Pros
  • I became a member and I couldn't see a negative side. It's nice to have its own token, but I think the stock market is not suitable for trading
Cons
  • commissions are too high
  • very few coins listed
  • prices are out of date and no volume
  • I think the security level is low and the balances are not safe